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(1) Export  carried  out  under  these  Regulations  shall  be  covered  by  proper  trade payment terms which include

(a) irrevocable letters of credit, or

(b) an internationally acceptable mode of payment in accordance with normal banking practice to ensure that the proceeds from the exports are repatriated to Ghana.

(2) In any case, lead-time for repatriation of export proceeds to Ghana shall not exceed ninety days after shipment.

(3) A first time exporter who seeks permission to export non-ferrous scrap metal is not required to provide proof of export proceeds of previous approved shipment.

(4) An applicant that fails to repatriate export proceeds within ninety days after the export of non-ferrous scrap metal shall not be granted any further permit to export non- ferrous scrap metal.